earnings
confidence high
sentiment neutral
materiality 0.60
Atomera Q1 revenue $375K, net loss $4.1M; enters new JDA with foundry partner
Atomera Inc
2023-Q1 EPS reported
-$0.18
revenue$375,000
- Q1 2022 revenue $375K vs $400K YoY; net loss $4.1M ($0.18/sh) vs $3.6M ($0.16/sh).
- Adjusted EBITDA loss $3.3M vs $2.9M in Q1 2021.
- Cash $24.5M at March 31, down from $28.7M at Dec 31, 2021; no debt.
- Entered a new Joint Development Agreement with a leading foundry; first JDA requirements met.
- Revenue recognized from first JDA customer and a separate licensee; 19 customer engagements ongoing.